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Report Hong Kong SAR, China - Hams, Shoulders and Cuts of Swine (Salted, in Brine, Dried or Smoked) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Hong Kong SAR, China - Hams, Shoulders and Cuts of Swine (Salted, in Brine, Dried or Smoked) - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in Hong Kong SAR, China

The Hong Kong preserved belly cut market expanded remarkably to $X in 2020, increasing by X% against the previous year. In general, the total consumption indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2007 indices. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Preserved belly cut consumption peaked in 2020 and is expected to retain growth in the near future.

Preserved Belly Cut Production in Hong Kong SAR, China

In value terms, preserved belly cut production amounted to $X in 2020 estimated in export prices. Over the period under review, production saw a buoyant expansion. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2020 and is likely to continue growth in years to come.

Preserved Belly Cut Exports

Exports from Hong Kong SAR, China

In 2020, shipments abroad of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Exports peaked at X tons in 2019, and then reduced notably in the following year.

In value terms, preserved belly cut exports reduced sharply to $X in 2020. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then reduced sharply in the following year.

Exports by Country

Macao SAR (X tons) was the main destination for preserved belly cut exports from Hong Kong SAR, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Macao SAR totaled -X%.

In value terms, Macao SAR ($X) also remains the key foreign market for preserved belly cut exports from Hong Kong SAR.

From 2007 to 2020, the average annual rate of growth in terms of value to Macao SAR was relatively modest.

Export Prices by Country

In 2020, the average preserved belly cut export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated a strong expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved belly cut export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Macao SAR.

From 2007 to 2020, the rate of growth in terms of prices for Macao SAR amounted to +X% per year.

Preserved Belly Cut Imports

Imports into Hong Kong SAR, China

In 2020, preserved belly cut imports into Hong Kong SAR contracted sharply to X tons, falling by -X% on the previous year. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved belly cut imports contracted remarkably to $X in 2020. Overall, imports saw a slight increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2015 to 2020, the growth imports remained at a lower figure.

Imports by Country

Spain (X tons), Italy (X tons) and China (X tons) were the main suppliers of preserved belly cut imports to Hong Kong SAR, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Spain, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved belly cut suppliers to Hong Kong SAR were Spain ($X), Italy ($X) and China ($X), with a combined X% share of total imports.

Spain recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved belly cut import price stood at $X per ton in 2020, growing by X% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of preserved belly cut consumption was China, accounting for 15% of total volume. Moreover, preserved belly cut consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 6.2% share.
China remains the largest preserved belly cut producing country worldwide, accounting for 15% of total volume. Moreover, preserved belly cut production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. India ranked third in terms of total production with a 6.2% share.
In value terms, the largest preserved belly cut suppliers to Hong Kong SAR were Spain, Italy and China, together accounting for 92% of total imports.
In value terms, Macao SAR remains the key foreign market for preserved belly cut exports from Hong Kong SAR.
The average preserved belly cut export price stood at $7,392 per ton in 2020, picking up by 4.1% against the previous year.
The average preserved belly cut import price stood at $13,650 per ton in 2020, growing by 2.2% against the previous year.

This report provides an in-depth analysis of the preserved belly cut market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

  • Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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